We contribute to the existing literature by examining the relationship between corporate governance, corporate social responsibility (CSR) and bank risk. We apply fixed effect model to analyse the results, we find that board size, board meetings and board independence significantly and negatively affect banks' credit risk. However, ownership concentration significantly increases bank credit risk. Further, we find that CSR leads to decreased bank credit risk. Our study enables banks in emerging economies to gain a better understanding of how to implement effective governance & CSR activities to mitigate credit risk.
机构:
Univ Tuscia, Dept Econ Engn Soc & Business, Business Adm, Via Santa Maria Gradi 4, I-01100 Viterbo, ItalyUniv Tuscia, Dept Econ Engn Soc & Business, Business Adm, Via Santa Maria Gradi 4, I-01100 Viterbo, Italy
机构:
Nova Sch Business & Econ, Campus Campolide, P-10099032 Lisbon, Portugal
Indian Inst Management Bangalore, Bangalore, Karnataka, IndiaAUT Univ, Dept Accounting, Private Bag 92006, Auckland, New Zealand
机构:
Univ Tuscia, Dept Econ Engn Soc & Business, Business Adm, Via Santa Maria Gradi 4, I-01100 Viterbo, ItalyUniv Tuscia, Dept Econ Engn Soc & Business, Business Adm, Via Santa Maria Gradi 4, I-01100 Viterbo, Italy
机构:
Nova Sch Business & Econ, Campus Campolide, P-10099032 Lisbon, Portugal
Indian Inst Management Bangalore, Bangalore, Karnataka, IndiaAUT Univ, Dept Accounting, Private Bag 92006, Auckland, New Zealand